Knightscope, Inc. announced that Apoorv S Dwivedi, a seasoned finance executive, has accepted the position of Executive Vice President of Knightscope, effective January 15,2024. Mallorie Burak, President, will be stepping down, effective January 10, 2024 to pursue other opportunities. William Santana Li, Chairman and CEO, will be re-assuming operational responsibilities of the President.

This is one of several strategic moves on Knightscope?s path to profitability as the Company seeks to focus on profitable growth, margin enhancements, operational efficiencies and streamlined decision making. With extensive finance and corporate strategy experience, Dwivedi most recently served as the Chief Financial Officer of Nxu, Inc. He joined the company in 2022 and helped to take it public on Nasdaq in the same year. He then led the company?s strategy around capital markets, investor relations, finance operations and corporate growth.

Prior to his CFO role at Nxu, Dwivedi served as Director of Finance for Cox Automotive from 2019 to 2022 where he successfully ran the Manheim Logistics business. From 2018 to 2019, he was the Director of Presales at the SaaS company Workiva, and from 2010 to 2017 Dwivedi served in several corporate finance roles of increasing responsibility at the General Electric Company across both the GE Capital and GE Industrial businesses. Dwivedi began his career at ABN-AMRO, N.A. and was instrumental in building one of the first data analytics teams at Sears Holdings Company.

Dwivedi earned his Bachelors in Finance from Loyola University ? Chicago and his MBA from Yale School of Management.